Covid-19
How LA Commercial Tenants are Responding to COVID-19
Last April, we surveyed managers about their response to mandatory cleaning protocols and social distancing requirements due to the coronavirus pandemic. Now in the heart of summer, we inquired about a different set of concerns: changes in tenants’ habits, rental income and …
Read MoreHow to Maintain Proper Indoor Air Quality
Certainly, building owners and managers know that indoor air quality is on the minds of tenants as their employees return to work. Though, there can be some barriers in ensuring that systems work efficiently in providing the most hygienic environment for tenants and customers. Fortunately, there is a wide range of public, non-profit, and for-profit organizations with excellent guides and tools …
Read MoreNew Updates to LA County Eviction Moratorium Orders – Know Your Rights!
The City and County of Los Angeles as well as other cities within Greater Los Angeles have enacted ordinances prohibiting evictions of commercial tenants who can demonstrate that their inability to pay rent is caused by the COVID-19 pandemic. While these orders all tend to be similar in their intent …
Read MoreWhat Will Public Transportation Look Like After COVID-19?
Even before social distancing was encouraged due to COVID-19, the LA County Metro busses were already facing severe declines in ridership. So, due to health concerns and changing commuter preferences, Metro will likely have many barriers to consider in the near future. Certainly, Metro will have to reimagine public transit …
Read MoreGovernor Newsom Issues Order Scaling Back on Reopening of Businesses
This past Monday, Governor Gavin Newsom held a press conference discussing changes to current COVID-19 related orders. Foremost, the Governor was forced to roll back various reopening guidelines. Due to an increase in COVID-19 cases and hospitalizations in California, Governor Gavin Newsom has published a new Executive order …
Read MoreAre Tenants Returning and Paying Rent? 10 Portfolio Managers Share their Experience
In conversations with 10 property managers throughout LA County, there is strong evidence that the commercial real estate industry is rapidly adapting to the Coronavirus epidemic. In this article, we’ll explore the accounts …
Read MoreSB 939 Defeated!
The California State Senate Judiciary Committee is considering SB 939 (Wiener) this Friday. In short, this bill allows commercial tenants to walk away from current leases. In addition, the bill also provides 12 months to repay the unpaid rent that accrued during the statewide shelter-in-place order. Certainly, this clearly abrogates …
Read MoreAfter COVID-19: Long-Term Investments Facility Managers Can Make for Health and Hygiene
With the rapid spread of COVID-19 throughout China, Europe, and now the United States, public health officials, including the World Health Organization (WHO) and the U.S. Centers for Disease Control and Prevention (CDC), have been urging individuals to take a number of immediate protective measures to help slow or stop the spread of the virus.
Read MoreCOVID-19 Has Changed the Deadlines for Energy Benchmarking
Building owners throughout the state are required to submit periodic reports regarding their energy and water consumption. Due to the COVID-19 pandemic, the state is considering a postponement while the City of Los Angeles has officially suspended the deadlines.
Read MoreCan Tenants Avoid Lease Payments?
Under the current local and state emergency orders, building owners are working closely with tenants to maintain the status quo of a clean and habitable space and continuation of lease payments. However, some tenants may claim “force majeure”, “frustration of purpose”, or “impossibility”, causing them to seek rent deferral or abatement.
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